Uzbekistan plans to hold an international startup competition called 'Land of Startups' in April 2027. The total prize fund for the competition will be five million US dollars. Decision No. 593 of the Cabinet of Ministers was approved on October 28, 2026.
This competition will be held annually and is designed to attract foreign startup projects and founders to Uzbekistan, thereby accelerating technology transfer and transforming the country into a regional startup hub.
The adoption of this decision was made to implement Presidential Decree No. PP-59 dated February 11, 2026, which concerns 'Measures for creating a comprehensive ecosystem for supporting startups.'
The competition will cover five areas: artificial intelligence technologies; digital solutions for social sectors, including healthcare, education, and public services; financial technologies; creative industries; development of computer and mobile games; and business and industrial solutions.
Each of the 25 winning teams can receive up to $200,000 in investment from the venture fund at the IT Park Directorate. The allocation of funding will take place after the completion of the due diligence process.
Furthermore, this decision introduces changes to the operating rules of the IT Park. Specifically, the requirement for IT Park residents to integrate their automated accounting and measurement systems with the tax authorities' information systems has been abolished.
The IT Park Directorate is also exempted from the obligation to submit tax and statistical reports, as well as information on conducted information technology courses. The list of permitted activities for IT Park residents has been expanded and now includes the production and sale of Internet of Things (IoT) and artificial intelligence devices, micro- and nanoelectronics, intelligent robots, as well as running angel investment clubs.


